BRIEF-i RM50mil allocation will be fully utilised by August, says Ramanan


KUALA LUMPUR: The RM50mil allocation provided under the Bank Rakyat Indian Entrepreneur Financing-i (BRIEF-i) aimed at micro, small, and medium enterprises (MSMEs) is expected to be fully utilised by August or September, said Deputy Entrepreneur Development and Cooperatives Minister Datuk R.Ramanan.

He said this is because 10% of the fund had already been disbursed to eligible entrepreneurs since it was launched on June 5.

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